Fuel prices touch historic highs

July 9, 2021 38 Views No Comment

Petrol now cost over Rs.100 in 10 districts including Kohima

DIMAPUR, JUL 9 (NPN) : State-owned oil marketing companies (OMCs) increased prices of petrol and diesel for the second consecutive day on Thursday pushing fuel prices to historic highs across the country.

According to a price notification of state-owned OMCs, petrol price was hiked by 35 paise per litre and diesel by 9 paise per litre. With the latest hike, petrol price in the state capital Kohima has breached the Rs.100-per-litre mark.

Petrol now costs Rs 100.07 per litre in Kohima while diesel is retailing at Rs 92.50 per litre. Only two districts– Dimapur and Peren are now left to touch the Rs.100-mark. (See table)

Petrol has already crossed the Rs 100-a-litre mark in 15 states and UTs.

The hike on Thursday is the 37th increase in the price of petrol since May 4. In 37 hikes, the price of petrol has risen by Rs 10.16 per litre. During this period, diesel rates have soared by Rs 8.89 a litre in 35 instances of the price rise.

Fuel prices differ from state to state depending on the incidence of local taxes such as value-added tax (VAT) and freight charges.

OMCs increased fuel prices on Thursday even as the Ministry of Petroleum and Natural Gas saw a change of guard with Hardeep Singh Puri taking over from Dharmendra Pradhan.

Soon after taking charge of the ministry, Puri said he would comment on the issue only after getting a full briefing from the officials.

Source: http://www.nagalandpost.com/fuel-prices-touch-historic-highs/236123.html